Forecast: Nuts Export Volume in Vietnam

Vietnam's nuts export volume indicated continuous growth from 0.91 million metric tons in 2014 to 1.41 million metric tons in 2023. The yearly growth rate varied significantly, with a notable spike of 23.58% in 2017 and a decline of -9.25% in 2018. In 2023, the export volume grew by 1.95% from the previous year, showing a steady annual growth. Over the last five years, the Compound Annual Growth Rate (CAGR) was 2.53%. Forecasts suggest a continuing upward trend, projecting the volume to reach 1.54 million metric tons by 2028, with a CAGR of 1.37% over this period.

Future trends to watch for:

  • Impact of global economic conditions on demand for nuts.
  • Developments in agricultural practices enhancing yield.
  • Trade policies and their effects on export dynamics.

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